Today, Bitcoin (BTC) experienced significant market activity due to various factors. Notably, BTC briefly surged to $138,000 on Binance.US, a spike attributed to a liquidity glitch rather than market fundamentals [[❞]](https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/).

Additionally, the crypto market has been reacting positively to news regarding Binance. The settlement of legal issues involving Binance has led to a rally in Bitcoin's price, indicating investor confidence in the exchange's future stability [[❞]](https://www.coindesk.com/markets/2023/11/20/bitcoin-and-bnb-token-stage-relief-rallies-on-binance-settlement-news/).

Meanwhile, Binance continues to expand its influence and reach in the crypto market, despite regulatory challenges, such as recent court hearings in Nigeria concerning tax evasion charges against Binance executives [[❞]](https://www.coindesk.com/markets/2023/06/21/bitcoin-price-spikes-to-138k-on-binanceus/) [[❞]](https://www.binance.com/en/square/news/all).

For the latest updates and detailed analysis on Bitcoin and Binance, you can refer to sources like CoinDesk and Binance's news portal [[❞]](https://www.coindesk.com/markets/2023/11/20/bitcoin-and-bnb-token-stage-relief-rallies-on-binance-settlement-news/) [[❞]](https://www.binance.com/en/square/news/all) [[❞]](https://bitcompare.net/coins/bitcoin).